Legal Opinion

Cross County Savings & Loan Ass'n v. Siebert

New York Supreme Court

Decided March 24, 1978Published

1Opinion of the Court

OPINION OF THE COURT

Harold Hyman, J.

The issue, squarely and definitively presented, in the instant action for a declaratory judgment permanently enjoining the banking board from authorizing the establishment of a new *610savings bank branch under its current rules, is the constitutionality and/or the validity of "Supervisory Policy SB 2” (Branching Policy for Savings Banks) (3 NYCRR Supervisory Policy SB 2.1, 2.3, 2.4, 2.5, 2.6, 2.7) as allegedly authorized by section 14 (subd 1, par [g]) of the Banking Law. The issue arises when, at the same time, one considers same from the viewpoint of its…

2Cases cited5 opinions

  1. Jones v. BermanNew York Court of Appeals · 1975
  2. New York Public Interest Research Group, Inc. v. CareyNew York Court of Appeals · 1977
  3. 8200 Realty Corp. v. LindsayNew York Court of Appeals · 1970
  4. People v. DitniakNew York Court of Appeals · 1971
  5. Bates v. ToiaAppellate Division of the Supreme Court of the State of New York · 1977

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